Kinetic Engineering Ltd. — Capital/Financing Update 2025

Jan 18, 2025

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KEL:SH:SE:

Date: 18[th] January, 2025

To

The Manager - Corporate Relationship Department BSE Limited, 1[st] Floor, Phiroze Jeejeebhoy Towers, Fort, Mumbai - 400 001 Maharashtra, India Scrip Code: BSE-500240

Sub: Statement of Deviation(s) or Variation(s) under Regulation 32 of the SEBI (LODR), Regulations, 2015

Dear Sir/Madam,

Please find enclosed herewith the Statement of Deviation(s) or Variation(s) under Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended 31[st] December, 2024.

You are requested to take the above information on record.

Thanking you.

Yours faithfully,

For Kinetic Engineering Limited

Digitally signed Ajinkya by Ajinkya Arunkum Arunkumar Firodia ar Firodia Date: 2025.01.18 17:51:03 +05'30'

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Ajinkya Arun Firodia Managing Director & CFO DIN: 00332204

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Statement of Deviation / Variation in utilisation of funds raised

Name of listed entity	Name of listed entity	Name of listed entity	Name of listed entity		Kinetic EngineeringLimited	Kinetic EngineeringLimited	Kinetic EngineeringLimited	Kinetic EngineeringLimited
Mode of Fund Raising					~~Public Issues / Rihts~~		~~Issues/~~PreferentialIssues~~/~~
					~~g~~ ~~QIP/ O~~thers
Date of Raising Funds					11/09/2023
Amount Raised					28.38 Crore
Report filed forQuarter ended					31stDecember,2024
Monitoring Agency					~~Applicable/N~~ot Applicable
Monitoring Agency Name, if applicable					-
Is there a Deviation/ Variation in use of funds raised					No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders					Not Applicable
If Yes, Date of shareholder Approval					-
Explanation for the Deviation/ Variation					-
Comments of the Audit Committee after review					-
Comments of the auditors, if any					-
Objects for which funds have been raised and where there has been a deviation, in the following table					-
Original Object	Modified Object, if any	Original Allocation	Modified Allocation, if any		Funds Utilised	Amount of Deviation/Variation for the quarter according to applicable object		Remarks, if any
-	-	-	-		-	-		-

Note: We wish to inform you that the said preferential issue proceeds have been fully utilized for the purpose stated in the company's postal ballot notice dated 11[th] July, 2023. The filing of statement of deviation(s) or variation(s) under the Regulation 32 SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 will not be applicable to the Company from here onwards.

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised or

(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fundraising document i.e. prospectus, letter of offer, etc.

For Kinetic Engineering Limited

Ajinkya Digitally signed by Ajinkya Arunkuma Arunkumar Firodia Date: 2025.01.18 r Firodia 17:51:24 +05'30' ____

Ajinkya Arun Firodia Managing Director & CFO DIN: 00332204

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